Archive · 10 Jan 2026
Markets Open, Banks Closed on January 15
On January 15, 2026, the stock markets in India will be open for trading, but there will be no settlement due to Municipal Corporation Elections in Maharashtra.
Banks in Maharashtra will be closed on this day to facilitate the elections.
Additionally, banks in cities like Bengaluru, Chennai, Gangtok, Hyderabad, and Vijayawada will also be closed due to festivals such as Uttarayana Punyakala, Pongal, Maghe Sankranti, and Makara Sankranti.
While physical bank branches may be closed, online banking services and ATMs will continue to operate as usual.
The Maharashtra government has also declared a public holiday in Mumbai for civic polls, applicable to various establishments.
Essential services must allow employees 2-3 hours to vote, and violations can be reported via a helpline.
The next market holiday is on January 26, 2026.
Markets will be open for trading on January 15, 2026, but no settlement will occur due to Municipal Corporation Elections in Maharashtra.
Banks in Maharashtra will be closed on January 15 to facilitate local body elections.
Banks in Bengaluru, Chennai, Gangtok, Hyderabad, and Vijayawada will also be closed due to festivals.
Online banking services and ATMs will remain operational despite bank closures.
The Maharashtra government has declared a public holiday in Mumbai for civic polls, applicable to various establishments, with essential services required to allow 2-3 hours for voting.
- Who
- National Stock Exchange (NSE), Reserve Bank of India (RBI), Maharashtra Government, Brihanmumbai Municipal Corporation (BMC)
- What
- Market trading continues, no settlement; bank and public holidays in Maharashtra and other cities
- When
- January 15, 2026
- Where
- Maharashtra, Bengaluru, Chennai, Gangtok, Hyderabad, Vijayawada, Mumbai
- Why
- Municipal Corporation Elections in Maharashtra and festivals in other cities
- Date
- January 15, 2026
- Market Status
- Trading continues, no settlement
- Bank Holiday in Maharashtra
- Yes, due to Municipal Corporation Elections
- Bank Holiday in Other Cities
- Bengaluru, Chennai, Gangtok, Hyderabad, Vijayawada
- Reason for Bank Holidays
- Festivals and local elections
- Next Market Holiday
- January 26, 2026
- Online Banking
- Available, ATMs operational
- Public Holiday in Mumbai
- Yes, for civic polls
- Voting Time for Essential Services
- 2-3 hours
- Violation Reporting Helpline
- 91-22-31533187